298
298
Dec 10, 2012
12/12
by
KPIX
tv
eye 298
favorite 0
quote 2
cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like medicare. >> you know, they started their tango now, and any time you start a tango, you have to get it done. >> more republicans are accepting the idea that wealthy americans will get a tax raise hike. >> there are a group of folks looking at this realizing we don't have a lot of cards before year end. >> but others remain opposed to raising taxes on the top 2%. >> the president wants the rates to go up. that doesn't solve the problem, and we don't want to be back here in another year, another ten years trying to answer the question. >> the deadline for an agreement is closer than you might think. many here on capitol hill tell us that the president tell us they have to reach a deal by the end of this week in order for congr
cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like medicare. >> you know, they started their tango now, and any time you start a tango, you have to get it done. >> more republicans are accepting the idea...
92
92
Dec 10, 2012
12/12
by
WUSA
tv
eye 92
favorite 0
quote 0
. >> reporter: the impending fiscal cliff could mean higher taxes on small businesses like this and reduced spending by uneasy customers, weary of another recession. >> what if we need to raise taxes? and people have less money because their taxes are raised too. >> we need to make sure too as a community we stay strong and we protect our customers and our businesses. our own little government almost. >> reporter: the donuts are so fresh that the bakery repeatedly ran out until the next batch was ready. >> i just sold my last one. >> we're not going to make anymore today. i really can't. there will be a second of them. >> what else? >> i need the food tray. >> i have one left. >> if most customers can wait patiently, at times for more than an hour, maybe just maybe even bitter fiscal cliff disagreements can be negotiated. andrea mccaren, 9news. >> wow. we've got a deadly shooting near an airport. authorities in cleveland said that a man fatally shot his wife and then fired at the second person before shooting and killing himself. it occurred this morning and that employee parking lot of cle
. >> reporter: the impending fiscal cliff could mean higher taxes on small businesses like this and reduced spending by uneasy customers, weary of another recession. >> what if we need to raise taxes? and people have less money because their taxes are raised too. >> we need to make sure too as a community we stay strong and we protect our customers and our businesses. our own little government almost. >> reporter: the donuts are so fresh that the bakery repeatedly ran...
186
186
Dec 8, 2012
12/12
by
CNNW
tv
eye 186
favorite 0
quote 0
and if this tax break goes away, as part of the so-called fiscal cliff, those homeowners could be taxed on that $95,000 as additional income starting in 2013. >> how much homeowners will owe in taxes on that amount depends on the tax bracket they're in, but on average, it would be about 20 to $25,000. the banks have an extra incentive to sell short and absorb the loss. the nation's biggest lenders get a credit for short sales as a form of foreclosure relief. foreclosures also sell on average for $30,000 less than homes sold via short sale. so as we near the fiscal cliff, you can expect short sales even more as homeowners get hit with bank taxes and banks get stuck with foreclosed properties. if we go over the cliff, the taxpayer's base with a short sale may be steep enough to walk away instead. and that would push the fiscal cliff higher for 2013. i'm christine romans. >>> all right, pay attention to this, it would affect you. many of us rely on them. on-line reviews of businesses and products. but did you ever think that giving a negative review would give you in trouble? a d.c. contra
and if this tax break goes away, as part of the so-called fiscal cliff, those homeowners could be taxed on that $95,000 as additional income starting in 2013. >> how much homeowners will owe in taxes on that amount depends on the tax bracket they're in, but on average, it would be about 20 to $25,000. the banks have an extra incentive to sell short and absorb the loss. the nation's biggest lenders get a credit for short sales as a form of foreclosure relief. foreclosures also sell on...
118
118
Dec 6, 2012
12/12
by
KTVU
tv
eye 118
favorite 0
quote 0
they say congress needs to add tresz the so-called fiscal cliff before scheduled tax sxhieks spending cuts go into effect. one berkeley mother was among those in washington. >> like many families, i don't have any other place to cut right now so we're here to stand up and make sure that our voices are heard. >> the group also delivered signed petitions urging congress to end the bush tax cuts for the wealthy. >>> representatives from huns of charities have descended on capitol hill in an effort to dlsh there has been talk of capping the deduction but nonprofit leaders say they're afraid if the government limits the deduction people would drastically cut back on their donation. >> that means there will be less opportunity for people to be fed. there will be less nights of care provided for those who are homeless. there will be less service for disaster situations. >> some republican pros pose limiting all itemized tax deductions, but president obama wants to increase tax rates for the wealthiest 2% of americans instead. >>> government regulators are taking action against a baby recline
they say congress needs to add tresz the so-called fiscal cliff before scheduled tax sxhieks spending cuts go into effect. one berkeley mother was among those in washington. >> like many families, i don't have any other place to cut right now so we're here to stand up and make sure that our voices are heard. >> the group also delivered signed petitions urging congress to end the bush tax cuts for the wealthy. >>> representatives from huns of charities have descended on...
105
105
Dec 10, 2012
12/12
by
FOXNEWS
tv
eye 105
favorite 0
quote 0
cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of communication remain open, end quote. this meeting comes as the white house and congress appear to be at at impasse, you know by now is crippling spending and tax hikes and could cost us jobs and send us back into recession and to solve the problem, republicans say we must prevent our ballooning national debt from crushing generations. and chief white house correspondent now ed henry joins us by phone with the latest on this breaking story, ed, they kept this under wraps. how big after deal is this? >
cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of...
147
147
Dec 13, 2012
12/12
by
KICU
tv
eye 147
favorite 0
quote 0
. >>> he said that the fiscal cliff must be avoided with both tax increases and spending cuts. >> it will be critical that fiscal policymakers come together soon to achieve longer term fiscal sustain ability without adopting policies that could derail the ongoing recovery. >> bernanke said the fed will keep interest rates very low. he says it could take three more years. bernanke's comment initially set the markets up, but then they dropped without resolution on the fiscal cliff. the nasdaq dropped 8.5. >>> near freezing conditions. i'm show you how cold it will be where you live in the morning. >> then a baby was born right in the middle of this bay area street and nearly died. the choice two officers made >>> another porch pirate has struck in an east bay neighborhood. reports of stolen packages have recently spiked. >> reporter: tis the season i guess. the department tells me, it's receiving 3 to 5 reports a day. one of those thefts happened here on logan drive. that security camera caught the crook who circled twice before making his move. >> watch as he gets out of the white car
. >>> he said that the fiscal cliff must be avoided with both tax increases and spending cuts. >> it will be critical that fiscal policymakers come together soon to achieve longer term fiscal sustain ability without adopting policies that could derail the ongoing recovery. >> bernanke said the fed will keep interest rates very low. he says it could take three more years. bernanke's comment initially set the markets up, but then they dropped without resolution on the fiscal...
223
223
Dec 13, 2012
12/12
by
CNBC
tv
eye 223
favorite 0
quote 0
obama care taxes or for that matter the fiscal cliff tax hikes that are coming. let's faulk about this. we have igor volsky and guy benson. guy benson, i am glad they have won't up to this lousy medical device tax but did someone say minnesota where, wait, medtronic and st. jude medical are the biggest companies? they're the ones that make the equipment? and senator klobuchar and senator al franken are all of a sudden making a beef because it's in their state? where they been, guy benson, and when did they discover that taxes are job kimmers? >> i thought that wasn't the case at all. you're right. they didn't just wake up to this. let's be completely honest about what happened here. they knew all along that the medical device tax was not just a job killer but would really stifle medical innovation. we've heard this from people across the spectrum. the people involved in this industry who are making america the leader when it comes to world medical innovation, they're saying this is really going to put a crimp in what we're able to accomplish. now at the last minu
obama care taxes or for that matter the fiscal cliff tax hikes that are coming. let's faulk about this. we have igor volsky and guy benson. guy benson, i am glad they have won't up to this lousy medical device tax but did someone say minnesota where, wait, medtronic and st. jude medical are the biggest companies? they're the ones that make the equipment? and senator klobuchar and senator al franken are all of a sudden making a beef because it's in their state? where they been, guy benson, and...
292
292
Dec 13, 2012
12/12
by
KTVU
tv
eye 292
favorite 0
quote 0
. >>> he said that the fiscal cliff must be avoided with both tax increases and spending cuts. >> it will be critical that fiscal policymakers come together soon to achieve longer term fiscal sustain ability without adopting policies that could derail the ongoing recovery. >> bernanke said the fed will keep interest rates very low. he says it could take three more years. bernanke's comment initially set the markets up, but then they dropped without resolution on the fiscal cliff. the nasdaq dropped 8.5. >>> near freezing conditions. i'm show you how cold it will be where you live in the morning. >> then a baby was born right in the middle of this bay area street and nearly died. the choice two officers made that ultimately saved his life. >> ever wonder where is my holiday package? one bay area man turned to his security camera and got the answer. >>> another porch pirate has struck in an east bay neighborhood. reports of stolen packages have recently spiked. >> reporter: tis the season i guess. the department tells me, it's receiving 3 to 5 reports a day. one of those thefts happene
. >>> he said that the fiscal cliff must be avoided with both tax increases and spending cuts. >> it will be critical that fiscal policymakers come together soon to achieve longer term fiscal sustain ability without adopting policies that could derail the ongoing recovery. >> bernanke said the fed will keep interest rates very low. he says it could take three more years. bernanke's comment initially set the markets up, but then they dropped without resolution on the fiscal...
98
98
Dec 10, 2012
12/12
by
WUSA
tv
eye 98
favorite 0
quote 0
if they can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across the board spending cuts will kick in on january 1. economists say that combination could plunge the country back into a recession. there are signs some republicans are now willing to compromise on taxes if they can secure cuts to social security, medicare and medicaid. >> the rate increase on the top 2% that the president is talking about and all of a sudden the shift goes back to entitlements. >> reporter: one proposal under discussion, raising the eligibility age for medicare is not going well for some democrats and advocates for senior citizens. >> the option to raise the medicare age is bad policy and will increase costs because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowering skyrocketing health care costs. danielle nottingham, cbs news, washington. >>> the official fiscal cliff deadline is december 31. but many on capitol hill say that an agreement is needed before the end of this week so congre
if they can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across the board spending cuts will kick in on january 1. economists say that combination could plunge the country back into a recession. there are signs some republicans are now willing to compromise on taxes if they can secure cuts to social security, medicare and medicaid. >> the rate increase on the top 2% that the president is talking about and all of a sudden the shift goes back to...
199
199
Dec 10, 2012
12/12
by
KPIX
tv
eye 199
favorite 0
quote 0
if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement. >> reporter: one proposal under discussion, raising the eligibility age for medicare is not going over well with democrats and advocates for senior citizens. >> the option, for example, to raise the medicare age actually is bad policy and will increase costs, because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowers skyrocketing health care costs. in washington, danielle nottingham, cbs 5. >>> a hopeful sign for the economy, today is expected to
if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the...
86
86
tv
eye 86
favorite 0
quote 0
. >>> meanwhile, when you hear the term fiscal cliff, you probably think about higher taxes, right? could it also have an impact on what we eat? first, a very good morning to washington dc, a foggy start on this sunday, december 9th.si eenx a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super
. >>> meanwhile, when you hear the term fiscal cliff, you probably think about higher taxes, right? could it also have an impact on what we eat? first, a very good morning to washington dc, a foggy start on this sunday, december 9th.si eenx a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved...
66
66
tv
eye 66
favorite 0
quote 0
cliff, what i'm confused about is what taxes will be raised? >> that's right. well the payroll tax holiday, it was created in 2010, it had a two-year tax extension, it expires on december 31st. this is a 2% payroll tax that all americans were enjoying. if nothing is resolved, your first paycheck in january is going to be 2% lighter. that may not sound like a lot. but you take a person who's makimake $50,000 per year, it's about 1,700 a year. >> i'm going to guess that even if we do leap off the cliff, we'll have some type of a resolution, some type of a deal that will be retroactive back to january 1. but why play with poison like that, right now have to expect that you want that deal done now. >> what are the convinces for tfor -- consequences for military personnel? >> just on the defense sector alone, you're looking at $55 billion in cuts just to the defense budget. you have to look at the ancillary part of this. you look at real estate holdings, homes that are have a close proximity to defense. >> final question for you, todd, a major confu
cliff, what i'm confused about is what taxes will be raised? >> that's right. well the payroll tax holiday, it was created in 2010, it had a two-year tax extension, it expires on december 31st. this is a 2% payroll tax that all americans were enjoying. if nothing is resolved, your first paycheck in january is going to be 2% lighter. that may not sound like a lot. but you take a person who's makimake $50,000 per year, it's about 1,700 a year. >> i'm going to guess that even if we do...
105
105
Dec 9, 2012
12/12
by
WBAL
tv
eye 105
favorite 0
quote 0
the fiscal cliff will result in tax increases and federal spending cuts. >> both parties are kind of, hey, i'm going to do my thing, you're going to do your thing, nobody seems to want to give in. they're going to have to because this country's in a dire situation. >> many shoppers agree, as tax paying citizens, one of the top things on their wish list for christmas is for the president and congress to compromise and to get a deal done. >> please start working together and remember the people who put you in office. >> nadia ramdass, wbal-tv 11 news. >> jews around the world celebrated the beginning of eight-day hanukkah festival saturday evening by lighting the candles of the ceremonial lamps. in chicago, hundreds gathered to watch the lighting of an eight-foot menorah. also known as the festival of lights. hanukkah commemorates the jewish uprising in the second century b.c. against the greek syrian kingdom. the holiday lasts eight days. according to tradition, when the jews rededicated the temple in jerusalem, a single vial of oil burned for eight days. and here in baltimore, some pe
the fiscal cliff will result in tax increases and federal spending cuts. >> both parties are kind of, hey, i'm going to do my thing, you're going to do your thing, nobody seems to want to give in. they're going to have to because this country's in a dire situation. >> many shoppers agree, as tax paying citizens, one of the top things on their wish list for christmas is for the president and congress to compromise and to get a deal done. >> please start working together and...
130
130
Dec 13, 2012
12/12
by
KTVU
tv
eye 130
favorite 0
quote 0
the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff." "we have been calling on the speaker to bring forth a middle-income tax cut now for a very long time - in fact, since last summer when it passed the united states senate." here's a side-by-side check of where they stand: the president's plan calls for a raising $1.6 trillion in revenue by boosting tax rates on the incomes above $200,000 for individuals and $250,000 for couples. president obama also recommends $400 billion in spending cuts. representative boehner's calls for $800 billion in new revenue, $600 billion in savings from medicare and medicaid, and $300 billion from other domestic programs. in a big slip for small business, confidence took a tumble in november. the national federation of independent business says its confidence index of small biz owners dropped 5.6 points last month - that's one of the largest drops the study has ever shown. the group says the fiscal fiasco in washington, along with the upcoming healthcare overhaul, is shattering optimism within the sector. h
the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff." "we have been calling on the speaker to bring forth a middle-income tax cut now for a very long time - in fact, since last summer when it passed the united states senate." here's a side-by-side check of where they stand: the president's plan calls for a raising $1.6 trillion in revenue by boosting tax rates on the incomes above $200,000 for individuals and $250,000 for couples....
255
255
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 255
favorite 0
quote 0
and that would seem to back up a republican theme in this fiscal cliff argument. >> if we raise taxes on the top two rates which is about a million small businesses who employ 25% of the workforce, it will cost us over 700,000 jobs and reduce economic growth and lower take home pay. that's a bad scenario. >> the lead negotiator on the republican side of the table facing mr. obama says raising taxes on upper income americans will not fix the huge problems this country is facing. >> even if the president got the tax rate hike he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. washington has a spending problem and not a revenue problem. >> for many top democrats it is all about taxes and not spending cuts in averting the fiscal cliff. >> the facts are that at this point the 39.6% does produce the revenue. the differentiation between the 39 pin 6% and the 28% that the president has for limitation or deductions creates a great deal of money as well. >> one conservative commentator suggested the out come of the fiscal talks won't be t
and that would seem to back up a republican theme in this fiscal cliff argument. >> if we raise taxes on the top two rates which is about a million small businesses who employ 25% of the workforce, it will cost us over 700,000 jobs and reduce economic growth and lower take home pay. that's a bad scenario. >> the lead negotiator on the republican side of the table facing mr. obama says raising taxes on upper income americans will not fix the huge problems this country is facing....
151
151
tv
eye 151
favorite 0
quote 0
when we finish this fiscal cliff matter, think it will be some unintended consequences, and one of them will be the increase n stocks by back because of the tax situation. if you think like a cfo, it will be looking to see what the alternatives will be to use that cash on the balance sheet and buybacks are very attractive -@alternative and they will be n 2013. liz: they come at the market surprise, sometimes. don't they? announcing a stock buyback, you often to the stock pop on that news. they tell me shareholders are constantly pushing them to do a stock buyback. explain to investors what makes the stock move to the upside. >> and let's see if we can help people out. the first question is they do have two file and disclose they're planning to do a share buyback this isn't something that comes out of the blue the watchful investor can actually go and research to see which have preannounced they will be buying back stock. that isn't always guaranteed, but they must file and disclose their intentions. that is one we can start looking at things. the jury is out frankly whether or not it al
when we finish this fiscal cliff matter, think it will be some unintended consequences, and one of them will be the increase n stocks by back because of the tax situation. if you think like a cfo, it will be looking to see what the alternatives will be to use that cash on the balance sheet and buybacks are very attractive -@alternative and they will be n 2013. liz: they come at the market surprise, sometimes. don't they? announcing a stock buyback, you often to the stock pop on that news. they...
154
154
Dec 9, 2012
12/12
by
FOXNEWS
tv
eye 154
favorite 0
quote 0
thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for the government to get lined up, to get rid of the debt and deficit. >> we've dug ourselves into a deep hole. when i came to washington we talked about the budget, deficit in the billions, now in the trillions of dollars. part of the problem is the numbers are large but it's a million, million dollars. the debt is $6 trillion and we're borrowing $1.1 trillion a year. the problem the president faces, even if he gets his tax increase on the rich in negoti
thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion...
210
210
Dec 6, 2012
12/12
by
CNBC
tv
eye 210
favorite 0
quote 0
in a fiscal cliff free fall, tax rates on capital gains could rise to 24%. those dividends could increase to a whopping 44%. here now is former reagan economic adviser art laugher. how can you have capitalism without capital and why is there a war on capital, that includes cap gains, that includes dividends which will triple. it also includes the estate tax. why is there a war on capital? >> i have no idea, larry. i think it's just pure politics. but it's sort of lovely the words and looking them up. i understand that the french don't have a word for entrepreneur or laissez faire. [ laughter ] >> because they never use it. >> they never use it. economics is all about incentives. if you tax people who work, you pay people who don't work, don't be surprised if you find a lot of people not working. it's the rich issue here, which is just fascinating to me. if you tax rich people and give the money to poor people, you're going to get lots and lots of poor people and very few rich people. just look at what happened in britain two years ago when gordon brown raise
in a fiscal cliff free fall, tax rates on capital gains could rise to 24%. those dividends could increase to a whopping 44%. here now is former reagan economic adviser art laugher. how can you have capitalism without capital and why is there a war on capital, that includes cap gains, that includes dividends which will triple. it also includes the estate tax. why is there a war on capital? >> i have no idea, larry. i think it's just pure politics. but it's sort of lovely the words and...
122
122
Dec 9, 2012
12/12
by
FOXNEWS
tv
eye 122
favorite 0
quote 0
national correspondent jerramy e centanni is live with the latest on the fiscal cliff. >> reporter: there is no deal yet. no negotiations, face to face, but one republican is giving ground this morning on a major stumbling block. and that's the tax rates for the wealthy. and a key democrat expressing optimism. here's the two side, moving a bit closer together on "fox news sunday." let's listen. >> i think we will get an agreement. the reason i think we will get an agreement. what's standing in the way is revenues, particularly making that top rate go up to 39-6. but i think we are seeing real progress. i think you will see our republican colleague, reluctantly say let's go up to 39-6. >> a lot of people are saying, give the president the 2% increase he's talking about, the rate increase on the top 2%. so there is a growing body. i am beginning to believe that's the best route for us to take. >> reporter: saying, go ahead give the president the tax increase on the highest 2% of wage earners. but house speaker and john boehner have not sat down for negotiations. even though corker is saying
national correspondent jerramy e centanni is live with the latest on the fiscal cliff. >> reporter: there is no deal yet. no negotiations, face to face, but one republican is giving ground this morning on a major stumbling block. and that's the tax rates for the wealthy. and a key democrat expressing optimism. here's the two side, moving a bit closer together on "fox news sunday." let's listen. >> i think we will get an agreement. the reason i think we will get an...
190
190
Dec 13, 2012
12/12
by
FBC
tv
eye 190
favorite 0
quote 0
, and then the fiscal cliff. susan, thank you very much. we appreciate it, michael. thank you, doug. great to have you with us. now for your comments,
, and then the fiscal cliff. susan, thank you very much. we appreciate it, michael. thank you, doug. great to have you with us. now for your comments,
61
61
Dec 6, 2012
12/12
by
MSNBC
tv
eye 61
favorite 0
quote 0
president obama has all the leverage because he knows if it goes over the fiscal cliff, tax cuts expires and he'll never let the top 2% get that tax cut reinstated. if they do what you suggested, vote the tax cut, continue it for the 98%, then the leverage switches to them come the time of the debt limit. they might be able to make a deal where they save some of it so it doesn't go up to 39%. maybe goes up to 37.5%. maybe they do the buffett rule and only raise rates on people making $500,000. they have a little room to leverage but right now they have zero leverage, zero. >> do you agree with that? i don't know if i agree with that. it's hard once the rates go back to 39.6 or whatever they go to, to go back and say, now we to want cut taxes for the rich. what's the reason to do it? the republican party says we have to stop the government, stop paying our debts, don't pay our bills anymore because we have to help out the rich now. that would be the worst situation to be in. >> as the conversation shifts really to the bottom line in the deficit. at the end of the day the whole thing is ab
president obama has all the leverage because he knows if it goes over the fiscal cliff, tax cuts expires and he'll never let the top 2% get that tax cut reinstated. if they do what you suggested, vote the tax cut, continue it for the 98%, then the leverage switches to them come the time of the debt limit. they might be able to make a deal where they save some of it so it doesn't go up to 39%. maybe goes up to 37.5%. maybe they do the buffett rule and only raise rates on people making $500,000....
433
433
Dec 5, 2012
12/12
by
CNNW
tv
eye 433
favorite 0
quote 0
the fiscal cliff, you go over the cliff, the taxes go up for every single person. is the plan then if you do a deal for taxes on the middle class, then de facto the taxes go up on the wealthy and sort of have a win/win for the democrats? is that the scenario we're looking at now? >> well, the scenario is that we still have time to put a deal together. the president has a detailed proposal on the table. republicans need to decide where they want to move. john boehner needs to decide how he will get his caucus together. they're becoming increasingly isolated in their position. hopefully we can have a deal which protects the middle class. there is a piece of legislation sitting in the house today that would prevent taxes from going up on 98% of the american people. 97% of small businesses. they should go ahead and move that. and then we can have a broader discussion of how we achieve larger deficit reduction and avoid the fiscal cliff. but there's plenty of room and plenty of time for compromise. the president's position is clear. we're not going to do anything that h
the fiscal cliff, you go over the cliff, the taxes go up for every single person. is the plan then if you do a deal for taxes on the middle class, then de facto the taxes go up on the wealthy and sort of have a win/win for the democrats? is that the scenario we're looking at now? >> well, the scenario is that we still have time to put a deal together. the president has a detailed proposal on the table. republicans need to decide where they want to move. john boehner needs to decide how he...
63
63
Dec 10, 2012
12/12
by
FOXNEWS
tv
eye 63
favorite 0
quote 0
another republican apparently willing to agree with tax hikes to get a deal on the fiscal cliff. that is the case now. what do republicans get in return? senator lindsey graham is live on that. martha: looks like a beautiful morning everywhere, doesn't it. new reaction as details are now emerging in yet another nfl football tragedy. this time a crash that killed a dallas cowboy player and left another player charged with manslaughter this morning. >> i think everyone in our organization who knew him is completely numb and has been numb the last couple days. football is a game of emotion. a lot of different emotions circulating. somehow how some way, we have to process it all and understand that life is different than football and we had a job to do today gressiv, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. music: "make someone happy" music:
another republican apparently willing to agree with tax hikes to get a deal on the fiscal cliff. that is the case now. what do republicans get in return? senator lindsey graham is live on that. martha: looks like a beautiful morning everywhere, doesn't it. new reaction as details are now emerging in yet another nfl football tragedy. this time a crash that killed a dallas cowboy player and left another player charged with manslaughter this morning. >> i think everyone in our organization...
200
200
Dec 13, 2012
12/12
by
KTVU
tv
eye 200
favorite 0
quote 1
are hear from congressional leaders about the fiscal cliff crisis. business executives are demanding a deal immediately. >> reporter: dave, more than 160 chief executives just wrote this letter to congress pushing for the gop fiscal cliff. they say they are willing to swallow higher tax rates and they were warn them, there is a crate call meeting and the unemployment rate could suffer. they are asking them to compromise what taxpayers are saying in my next update, carla campbell, ktvu channel 2 morning news. >>> we are learning new information about the plane crash killing jenny rivera. their learjet went down in northern new mexico . according to the los angeles times, an executive is accused of faking safety records of the planes he bought and rivera was in the final stables of buying. the. >>> the driver said his car got stuck on the train tracks. they were heading to sacramento and was not going very fast at the time of the clicks. fortunately nobody was hurt. >>> time now 6:16, ordering online may seem like an easy way to shop but a lot of peopl
are hear from congressional leaders about the fiscal cliff crisis. business executives are demanding a deal immediately. >> reporter: dave, more than 160 chief executives just wrote this letter to congress pushing for the gop fiscal cliff. they say they are willing to swallow higher tax rates and they were warn them, there is a crate call meeting and the unemployment rate could suffer. they are asking them to compromise what taxpayers are saying in my next update, carla campbell, ktvu...
167
167
Dec 10, 2012
12/12
by
KPIX
tv
eye 167
favorite 0
quote 1
. >>> president obama and house speaker met at the white house to discuss the pending fiscal cliff. spokesperson says the to agreed to not release details of the conversation. they say the lines of communication remain open. they are trying to find a deficit cutting deal to stop the creation of automatic tax increases and scheduled cuts scheduled to begin at the beginning of the year. >>> same-sex couples tied the knot in washington state today. . [ applause ] voters legalized it last month. today, it was the first day marriage ceremonies could be performed. about 140 couples registered to get married this morning. courthouses in some cities began performing ceremonies at midnight. washington, maine and maryland are the first states to approve same-sex marriage by popular vote. they joined six other states where it is already legal. >>> washington state man is taking advantage of a newly legitimate practice much he's opening the first marijuana smoke shop. the owner says the opportunity couldn't have come at a better time. >> the way the economy is right now, i could lose it at any
. >>> president obama and house speaker met at the white house to discuss the pending fiscal cliff. spokesperson says the to agreed to not release details of the conversation. they say the lines of communication remain open. they are trying to find a deficit cutting deal to stop the creation of automatic tax increases and scheduled cuts scheduled to begin at the beginning of the year. >>> same-sex couples tied the knot in washington state today. . [ applause ] voters legalized...
134
134
Dec 10, 2012
12/12
by
WJZ
tv
eye 134
favorite 0
quote 0
if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across-the-board spending cuts will kick in on january 1st. >> reporter: there are signs some republicans are now willing to compromise on taxes, if they can secure cuts to social security, medicare, and medicaid. >> you give the president the 2% he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. >> reporter: one proposal under discussion, raging the eligibility age for medicare is not going well for some dem -- democrats and advocates for senior citizens. >> the option to raise the medicare age is bad policy and will increase costs. because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowering skyrocketing healthcare costs. in washington, danielle nottingham, wjz eyewitness news. >> well, the official fiscal cliff deadline is december 31st. many on capitol hill say an agreement is needed buyer the before the end of this w
if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across-the-board spending cuts will kick in on january 1st. >> reporter: there are signs some republicans are now willing to compromise on taxes, if they can secure cuts to social security, medicare, and medicaid. >> you give the president the 2% he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements....
188
188
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 188
favorite 0
quote 0
that would seem to back up a republican theme in the fiscal cliff argument. >> if we raise taxes on the top two rate, a million small businesses who employ 25% of the work force it will cost us over 700,000 jobs and reduce economic growth, lower take home pay and those things. that is a bad scenario. >> the league negotiator on the republican side of the table facing mr. obama says raiding taxes on upper -- raising taxes on upper income americans is not going to fix the problem that the country is facing. >> even the president got the tax rate hike he wanted understand we would continue to see trillion dollar deficits for as far as the eye can see. listen, washington has got a spending problem, not a re-knew problem. >> for many top democrats it's all about taxes and not spending cuts in averting the fiscal cliff. >> the facts are at that point the 39.6% does produce the revenue. the differentiation between 39.6% and the 28% at that the president has for limitation on deduction creates a great deal of money as well. >> one conservative financial commentator suggests the likely outcome o
that would seem to back up a republican theme in the fiscal cliff argument. >> if we raise taxes on the top two rate, a million small businesses who employ 25% of the work force it will cost us over 700,000 jobs and reduce economic growth, lower take home pay and those things. that is a bad scenario. >> the league negotiator on the republican side of the table facing mr. obama says raiding taxes on upper -- raising taxes on upper income americans is not going to fix the problem that...
71
71
Dec 8, 2012
12/12
by
CSPAN
tv
eye 71
favorite 0
quote 0
when you hear about the fiscal cliff, it is not really the tax rate. i do not buy that at all. i do not think we need to increase these tax rates. >> if you go over and the tax rates go up on everyone and all that goes away -- >> i do not think we should do it. i think we should resolve this. it depends on if we do something about it in the next month or two after that. if we do something in 30 days or 90 days and we are clear about that, but nothing people believe we are going to do something until we do it. >> the to go to the broader concern. does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in addition to. >> yes, in addition to. the problem with having that debate now suggests that that
when you hear about the fiscal cliff, it is not really the tax rate. i do not buy that at all. i do not think we need to increase these tax rates. >> if you go over and the tax rates go up on everyone and all that goes away -- >> i do not think we should do it. i think we should resolve this. it depends on if we do something about it in the next month or two after that. if we do something in 30 days or 90 days and we are clear about that, but nothing people believe we are going to...
140
140
Dec 10, 2012
12/12
by
WBAL
tv
eye 140
favorite 0
quote 0
cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that off the table now. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income owners you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want big spending can you tell us to programs. >> we don't want to be back here in another year and another 10 years answering the same questions. >> as the talks continue on both sides americans from main street to wall street wait to see who will blink first. >> both sides are earring to wind down t
cliff in just over three weeks. one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. we don't have a lot of cards as it relates to the tax issue before you're in. i mean, we have one house that's it. the presidency and the senate in the democrat's hand. >> since we agree with the democrats 98% of the people and 08% of the bush tax cuts i would get that...
323
323
Dec 6, 2012
12/12
by
CNBC
tv
eye 323
favorite 0
quote 1
and timothy geithner has told the cnbc the swhous ready to go over the fiscal cliff if tax rates on the nation's wealthiest don't rise. dag gri announces the rate decision later about plus apple shares still down in frankfurt. and its shares of the chinese market drop in the third quarter. >>> deutsche bank has hit back at allegations of financial impropriety brought by three former employees. according to reports, the ex-deutsche workers have launched a complaint with u.s. authorities alleging the bank failed to recognize $12 billion in unrealized losses at the height of the financial crisis. they claim improper accounting on the part of the deutsche bank enabled the lender to exaggerate its capital position. and citigroup plans to shed 11,000 jobs around the world which equals around 4% of its workforce. some experts say this is part of a strategy led by their new coe who took job in october, however others say it has the finger prints of chairman michael o'neal. citi shares reacted positively to the news, though the stockstill trading at around 70% of its tangible book value. you can
and timothy geithner has told the cnbc the swhous ready to go over the fiscal cliff if tax rates on the nation's wealthiest don't rise. dag gri announces the rate decision later about plus apple shares still down in frankfurt. and its shares of the chinese market drop in the third quarter. >>> deutsche bank has hit back at allegations of financial impropriety brought by three former employees. according to reports, the ex-deutsche workers have launched a complaint with u.s. authorities...
226
226
Dec 10, 2012
12/12
by
KGO
tv
eye 226
favorite 0
quote 0
tax increase. it is monday, december 10th. >>> from abc news, this is "world news now." >> good monday morning. i'm sunny hostin in for paula faris. >> i'm john muller, rob nelson has the morning off. we're going to find out what the president and house speaker boehner are saying after a face-to-face meeting over the fiscal cliff. >>> also this half hour, hopes and prayers for nelson mandela. the human rights hero is in a south africa hospital this morning. >>> also coming up, new hope in the fight against alzheimer's disease, experimental surgery to implant a kind of pacemaker for the brain is showing early success. >> an interesting one. >> yes. >>> later, daytime smack down, wendy williams lets loose with some harsh words about beyonce. what the talk show host is saying about the singer coming up in "the skinny." >> that's never going to go well. talking badly about beyonce. a bad move. >> going after beyonce is a tough one. >>> new signs of progress in efforts to avoid the fiscal cliff after a
tax increase. it is monday, december 10th. >>> from abc news, this is "world news now." >> good monday morning. i'm sunny hostin in for paula faris. >> i'm john muller, rob nelson has the morning off. we're going to find out what the president and house speaker boehner are saying after a face-to-face meeting over the fiscal cliff. >>> also this half hour, hopes and prayers for nelson mandela. the human rights hero is in a south africa hospital this...
260
260
Dec 10, 2012
12/12
by
CNNW
tv
eye 260
favorite 0
quote 0
cliff or else automatic spending cuts and tax hikes will kick in and with the fiscal cliff looming, our consumers feeling at all concerned? christine romans joins us now from new york with that. good morning, christine. >> good morning, ted. first, let me tell you what's going right in the economy for consumers. there's a whole host of things. the job markets, 7.7% unemployment, the lowest in four years. you've got the housing market showing signs of recovery. rising home values in much of the country. gas prices, did you notice? they're down 46 cents over the past couple of months. they're expected to keep going lower and the dow is up 20 points now. the dow is above 1,300 and the s&p 500 is up 12% this year. so, what could go wrong? fiscal cliff. this is something weighing op consumer sentiment and we're starting to see it in the weekly -- look at this -- 39% said it would affect it some. they don't seem to have much faith in congress to fix it and any time except 11th hour and maybe a week into the new year and there's this payroll tax holiday that most people have been enjoying
cliff or else automatic spending cuts and tax hikes will kick in and with the fiscal cliff looming, our consumers feeling at all concerned? christine romans joins us now from new york with that. good morning, christine. >> good morning, ted. first, let me tell you what's going right in the economy for consumers. there's a whole host of things. the job markets, 7.7% unemployment, the lowest in four years. you've got the housing market showing signs of recovery. rising home values in much...
187
187
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 187
favorite 0
quote 0
maybe the chance of that 40 years ago is 10 percent and the chance of the fiscal cliff and higher taxes killing the economy is probably 50 percent and, yes, you are right, we are still not fixing the problem or coming to a solution. one thing, remember, when we had the problem with the debt downgrade and the different talks a year ago? there were the scare tactics from washington about what would happen to interest rates, and what would happen to social security, and interest rates went down, people got their checks and everything was fine. >>neil: i am reminded of the words of the apollo 13 command other, can you not fake the magnitude of a disaster but washington can paper over a problem with cuts that are not real, and revenues that may not be what they appear to be, so, the fear is the same, it is presenting something that ultimately markets will not buy and people will not trust. >>guest: that is right. and, also, put in the notion it has to be done in the next three weeks or else, and look what has happened with the debt numbers. the nones are absolutely out-of-control. it will be
maybe the chance of that 40 years ago is 10 percent and the chance of the fiscal cliff and higher taxes killing the economy is probably 50 percent and, yes, you are right, we are still not fixing the problem or coming to a solution. one thing, remember, when we had the problem with the debt downgrade and the different talks a year ago? there were the scare tactics from washington about what would happen to interest rates, and what would happen to social security, and interest rates went down,...
93
93
Dec 5, 2012
12/12
by
WUSA
tv
eye 93
favorite 0
quote 0
with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, ther there a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary tkpwaoeugter in'ers.e.c.geithneg over the cliff, the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me -- or do not used a skwrebgive thes like "curt," "frank" and "direct" m
with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, ther there a code of silence the...
106
106
Dec 6, 2012
12/12
by
CSPAN
tv
eye 106
favorite 0
quote 0
cliff expire, go down the fiscal cliff for tax rates, and adjust the taxes for the 98% through the rebate process. and this could be available for anyone, any president. let the bush tax rates apply as a ceiling, and then apply the rebate process to control the 98%. host: why do you propose that? what is the advantage in your view? caller: because the executive branch, the president, whoever it is, would have the ability to adjust the tax effectively for anyone who falls below the clintons' ceiling, and they could do this anytime. there would not have to go back to congress. -- they would not have to go back to congress. guest: it is true that technically the administration can do some things without even the congress's approval, but it would not be a lasting solution. let's say you could freeze the amount of withholding that you pay three paycheck at the level it was this year, for the 98%, and increase withholdings for everyone else as the law would dictate if you read over the cliff. -- went over the cliff. but the 98%, if they did not actually pass a law to extend the tax cuts for tha
cliff expire, go down the fiscal cliff for tax rates, and adjust the taxes for the 98% through the rebate process. and this could be available for anyone, any president. let the bush tax rates apply as a ceiling, and then apply the rebate process to control the 98%. host: why do you propose that? what is the advantage in your view? caller: because the executive branch, the president, whoever it is, would have the ability to adjust the tax effectively for anyone who falls below the clintons'...
282
282
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 282
favorite 0
quote 0
. >> talks to avoid a fiscal cliff appeared to have hit the skids. the skicliff is tax hikes cominn january 1st. it could send us back into recession. president obama and congressional republicans blocking a deal to avoid an economic catastrophe. marco rubio addressing the public says it does nothing to solve the long-term problem of a ballooning national debt. >> tax increases will not solve our debt only economic growth will help control the debt. house republicans have a democratic bill that already passed the senate. the republican alternative will not work. >> the senate has already done their part. now we are waiting for republicans in the house to do the same thing. but so far they have put forward an unbalanced plan that lowers the rates for the wealthiest americans. >> the tax hikes on americans. they say voters made it clear when he was elected. >> he is a democrat. former florida governor carlie fritz making it official after two years as an independent. he's seen as a candidate former challenger republican rick scott in 2014. we have a me
. >> talks to avoid a fiscal cliff appeared to have hit the skids. the skicliff is tax hikes cominn january 1st. it could send us back into recession. president obama and congressional republicans blocking a deal to avoid an economic catastrophe. marco rubio addressing the public says it does nothing to solve the long-term problem of a ballooning national debt. >> tax increases will not solve our debt only economic growth will help control the debt. house republicans have a...
91
91
Dec 13, 2012
12/12
by
FBC
tv
eye 91
favorite 0
quote 0
the president in his own words confirming that tax hike, coming irrespective of the fiscal cliff outcome. >> taxes are going to go up one way or the other, the key is to make taxes go up and high-end individuals, i am confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. lou: obamacare, guarantees taxes are going up. 5 new obam obamacare-based taxeo kick in next year. a 3.8% surtax on unearned income, and call chains and dividend 18.8%, and a new tax on hospital care, and medical device manufacturersing' taxed 2.3% of the price of their products. americans get a tax deduction if their medical expenses exceed 7.5% of their total ince that number rising to 10% for everyone under the age of 65. and government, for first time ever sending a limit on tax free exible spending accounts, joint committee tax, estimates those 5 new provisions amount to $2 60 billion tax hike over next 7 years, president obama, avoid anything real negotiating on fiscal cliff issue, president doubles the amount of tax hikes he campaigned on when
the president in his own words confirming that tax hike, coming irrespective of the fiscal cliff outcome. >> taxes are going to go up one way or the other, the key is to make taxes go up and high-end individuals, i am confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. lou: obamacare, guarantees taxes are going up. 5 new obam obamacare-based taxeo kick in next year. a 3.8% surtax on unearned income, and call chains...
58
58
Dec 6, 2012
12/12
by
WUSA
tv
eye 58
favorite 0
quote 0
>> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal clear. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c
>> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to...
159
159
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 159
favorite 0
quote 0
cliff because we have argued all along they will start by simply taxing everybody over 250,000. they told me they wouldn vote fr anything that would tax everybody over 150,000. you take the president's actions. the president doesn't want to get an agreement or compromise he wants to get his way. he won't come to the table with any serious proposal because we can get a solution everybody can live with. >>> they have a bit of a messaging problem. i don't understand why there's not more of a conversation that starts with the fact these taxes go up. democrats would not extend what has been a republican proposal to keep them low. they are in place now and that's a republican package. if that doesn't happen the democrats taxes are higher. i am not hearing the clarity of that. why not? >> the orchestrated media wants to give you two myths. the president hasn't come from the table with anything. all he does is press conferences. the second thing they wanted to give you the illusion if the tax rates go up on everybody above # 200,000 that solves all of the problems. what i suggest to the
cliff because we have argued all along they will start by simply taxing everybody over 250,000. they told me they wouldn vote fr anything that would tax everybody over 150,000. you take the president's actions. the president doesn't want to get an agreement or compromise he wants to get his way. he won't come to the table with any serious proposal because we can get a solution everybody can live with. >>> they have a bit of a messaging problem. i don't understand why there's not more...
244
244
Dec 13, 2012
12/12
by
MSNBCW
tv
eye 244
favorite 0
quote 0
with just 19 days left until america goes off that fiscal cliff, tensions are rising. house speaker john boehner is warning his fellow republicans not to make any christmas plans and tea party conservatives are in no mood to negotiate on tax hikes. >> i tell them come to me after you've gotten rid of all the spending. come to me when you get rid of the $3 million you spent last year to watch monkeys on methamphetamine. come to me after you pay for the money you spent on watching a robotic squirrel. >> tracie potts is live with the latest. >> reporter: good morning. no movement to report in the fiscal cliff. we can tell that you across the country mayors and governors are becoming increasingly concerned about the impact back home. there's growing angst on capitol hill over the fiscal cliff. >> figure it out. >> it's really time to get serious. >> reporter: mayors are getting nervous. >> congress needs to act immediately. >> reporter: and the public is worried. in our new nbc/"wall street journal" poll, 70% of democrats and 59% of republicans urge compromise. the country
with just 19 days left until america goes off that fiscal cliff, tensions are rising. house speaker john boehner is warning his fellow republicans not to make any christmas plans and tea party conservatives are in no mood to negotiate on tax hikes. >> i tell them come to me after you've gotten rid of all the spending. come to me when you get rid of the $3 million you spent last year to watch monkeys on methamphetamine. come to me after you pay for the money you spent on watching a robotic...